Supply and Demand Market Action Index Strong Buyer's 16.3 ±+

The market has settled in at a relative stasis in inventory and sales ±+ No change == Strong upward trend ≠≠ Strong downward trend conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before = Slight upward trend ≠ Slight downward trend price trends change significantly.

Price Market Action Index Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.